An undated image of Federal Minister for Finance Senator Muhammad Aurangzeb. — APP/File Pakistan made significant improvement in remittances: Aurangzeb.Adds policy rate is expected to be lowered in the ongoing fiscal year.Pakistan suffered Rs371 billion losses in floods,…
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IMF, Pakistan reach staff-level agreement on $1.2bn bailout
The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, US, April 21, 2017. — Reuters
Under SLA, Pakistan to secure $1.2bn, says IMF.Total funding under two arrangement to reach $3.3bn. Pakistan posts first…
Oil prices bounce higher after new US strikes on Iran
A Mexican Navy boat patrols near the Mexico state oil firm Pemex’s Ciudad Madero refinery, in Ciudad Madero, Mexico, May 28, 2025. — ReutersPrice jumps erase much of Wednesday’s declines.WTI, main US contract, increases by 1.7% to $90.17.Stock markets across Asia were mostly down.